Base

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Base

A technical analysis tool. A chart pattern depicting the period when the supply and demand of a certain stock are in relative equilibrium, resulting in a narrow trading range. The merging of the support level and resistance level.

Base

In technical analysis, a situation in which the support level and the resistance level are roughly the same for a given (usually long) period of time. That is, a base occurs when a security trades only in a very narrow range. A base indicates that the supply and demand for a security are at an equilibrium. This means that the security is unlikely to be bullish or bearish in the near future.
References in periodicals archive ?
Once considered an afterthought in interior design, wall base now plays an integral role in the overall look and feel of a space.
A patented rubber wall base system that hangs on a track, rePLACE can be reused, replaced, or recycled.
In an emergency situation, Johnsonite's Safe-T-First System creates low-location, bright, luminous pathways on floors, along the wall base, and in stairwells, leading the way to safety.
The Corporation produces one of the most extensive vinyl flooring product lines in the industry, including residential and commercial sheet vinyl, vinyl floor tiles and wall base products.
To be erected is a fixed mobile flood protection wall made of metal using an industrially manufactured and tested complete system, Consisting of: - mobile supports, Manually mountable on fixed fixing points to the wall base - manually erectable stop bars - associated seals, Fasteners, Assembly tools, Storage containers , Operating instructions, Etc.
The Johnsonite Safe-T-First system creates low location bright luminous pathways on floors, along the wall base and in stairwells.